June 16, 2026, 10:50 IST
Sri Lanka is experiencing an alarming rise in cybercrime, as scam networks previously based in Southeast Asia relocate operations to the island. Authorities warn that Sri Lanka is becoming a new hub for online fraud, with criminal groups exploiting gaps in regulation and enforcement.
The scams range from phishing and investment fraud to sophisticated social engineering schemes targeting both individuals and businesses. Officials note that relocation is driven by crackdowns in countries like Cambodia and Myanmar, pushing networks to seek safer ground. Sri Lanka’s Computer Emergency Readiness Team (CERT) has flagged a sharp increase in reported cases, with financial losses mounting and public trust in digital platforms eroding.
Law enforcement agencies are scrambling to respond, but limited resources and outdated cyber laws pose challenges. The government is now considering urgent reforms, including stronger international cooperation and stricter monitoring of financial transactions. Analysts caution that without swift action, Sri Lanka risks becoming entrenched as a regional base for cybercriminal activity.
(Source – The Guardian)
—Agencies
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